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Jiangsu Lianyungang Port Co (SHSE:601008) Cyclically Adjusted Book per Share : ¥3.42 (As of Sep. 2024)


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What is Jiangsu Lianyungang Port Co Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Jiangsu Lianyungang Port Co's adjusted book value per share for the three months ended in Sep. 2024 was ¥3.258. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ¥3.42 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Jiangsu Lianyungang Port Co's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Jiangsu Lianyungang Port Co was 3.70% per year. The lowest was -0.60% per year. And the median was 1.50% per year.

As of today (2024-10-31), Jiangsu Lianyungang Port Co's current stock price is ¥3.88. Jiangsu Lianyungang Port Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ¥3.42. Jiangsu Lianyungang Port Co's Cyclically Adjusted PB Ratio of today is 1.13.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Jiangsu Lianyungang Port Co was 2.76. The lowest was 0.86. And the median was 1.19.


Jiangsu Lianyungang Port Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Jiangsu Lianyungang Port Co's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Jiangsu Lianyungang Port Co Cyclically Adjusted Book per Share Chart

Jiangsu Lianyungang Port Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.47 3.48 3.48 3.50 3.42

Jiangsu Lianyungang Port Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.47 3.42 3.42 3.40 3.42

Competitive Comparison of Jiangsu Lianyungang Port Co's Cyclically Adjusted Book per Share

For the Marine Shipping subindustry, Jiangsu Lianyungang Port Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jiangsu Lianyungang Port Co's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jiangsu Lianyungang Port Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jiangsu Lianyungang Port Co's Cyclically Adjusted PB Ratio falls into.



Jiangsu Lianyungang Port Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Jiangsu Lianyungang Port Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=3.258/115.7848*115.7848
=3.258

Current CPI (Sep. 2024) = 115.7848.

Jiangsu Lianyungang Port Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 3.151 99.000 3.685
201503 3.166 99.900 3.669
201506 3.148 99.500 3.663
201509 3.159 100.500 3.639
201512 3.168 100.600 3.646
201603 3.174 102.200 3.596
201606 3.154 101.400 3.601
201609 3.155 102.400 3.567
201612 3.157 102.600 3.563
201703 3.161 103.200 3.546
201706 3.150 103.100 3.538
201709 3.152 104.100 3.506
201712 3.214 104.500 3.561
201803 3.160 105.300 3.475
201806 3.157 104.900 3.485
201809 3.158 106.600 3.430
201812 3.145 106.500 3.419
201903 3.124 107.700 3.359
201906 3.117 107.700 3.351
201909 2.895 109.800 3.053
201912 3.149 111.200 3.279
202003 3.151 112.300 3.249
202006 3.152 110.400 3.306
202009 3.157 111.700 3.272
202012 3.180 111.500 3.302
202103 2.789 112.662 2.866
202106 3.199 111.769 3.314
202109 3.236 112.215 3.339
202112 3.273 113.108 3.350
202203 3.297 114.335 3.339
202206 3.295 114.558 3.330
202209 3.338 115.339 3.351
202212 3.898 115.116 3.921
202303 3.401 115.116 3.421
202306 3.395 114.558 3.431
202309 3.371 115.339 3.384
202312 3.192 114.781 3.220
202403 3.229 115.227 3.245
202406 3.219 114.781 3.247
202409 3.258 115.785 3.258

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Jiangsu Lianyungang Port Co  (SHSE:601008) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Jiangsu Lianyungang Port Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.88/3.42
=1.13

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Jiangsu Lianyungang Port Co was 2.76. The lowest was 0.86. And the median was 1.19.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Jiangsu Lianyungang Port Co Cyclically Adjusted Book per Share Related Terms

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Jiangsu Lianyungang Port Co Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Gangkou Road, China (Jiangsu) Pilot Free Trade Zone, Lianyungang Area, Miaoling Port District, Lianyugang, CHN, 222042
Jiangsu Lianyungang Port Co Ltd is a Chinese company principally engaged in the management and operation of port transit, cargo handling, and cargo stockpiling. The company's operations involves terminal and other port facilities operations, provision of waiting and boarding and disembarking facilities and services for passengers.

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